At True Potential, we know that innovative technology can make a difference to our clients’ lives. Our Personal Finance tools are another example of how our approach can help investors do more with their money.
Everyone who invests on the True Potential Platform can use our free Personal Finance tools through their online account or our mobile apps. They offer a single view of all bank accounts, credit cards and savings in one convenient location.
Once a client links a bank account, we then automatically track and categorise their spending, giving users a clear picture of exactly where their money is going.
For example, a client will see categories such as ‘Entertainment’, ‘Transport’ and ‘Food & Groceries’. They can then analyse this data to get a better idea of where they could improve their spending habits. This information can help users to save hundreds or even thousands of pounds a year.
In addition, once a user has analysed their spending, they can set monthly budgets and get alerts when they’re getting close to their limit. This helps clients stay on track with their spending, make better decisions and ultimately find extra funds to put towards their long-term future.
As with all our financial technology, our Personal Finance tools use the latest in encryption and security technology. Linking accounts in one place is a safe and secure process, and we don’t access or store any login details.
With True Potential, clients invest in more than a Platform. They get exclusive technology that helps them analyse their spending habits and makes saving easier.
With investing, your capital is at risk. Investments can fluctuate in value and you may get back less than you invest. Past performance is not a guide to future performance. Tax rules can change at any time. This blog is not personal financial advice.